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Digital Health | News, Analysis, Insights - HIT Consultant

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

by Jasmine Pennic 01/31/2024 Leave a Comment

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

What You Should Know: - Vizient, Inc., a leading healthcare performance improvement company, has released its latest Pharmacy Market Outlook, projecting a 3.8% growth in drug price inflation. - The increase is the highest since July 2019 and is attributed in part to the expanding realm of specialty pharmacy, notably the increased utilization of weight loss drugs. The report also highlights the anticipated rise in provider spending due to the expansion of gene therapies. Price of
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Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

by Jasmine Pennic 01/30/2024 Leave a Comment

Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

What You Should Know: - Atropos Health, a leader in transforming real-world clinical data into personalized insights, today announced a game-changing collaboration with Google Cloud. - The partnership optimizes Atropos' GENEVA OS platform to seamlessly integrate with Google Cloud's Healthcare Data Engine (HDE) and BigQuery, empowering healthcare systems to unlock the full potential of their data. By simplifying data access, streamlining analytics, and democratizing insights, this
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Boston Children’s Hospital Deploys Automated AI Tool for Hip Diagnosis

by Syed Hamza Sohail 01/30/2024 Leave a Comment

Boston Children's Hospital Deploys Automated AI Tool for Hip Diagnosis

What You Should Know: Hip disorders, comprising some of the world’s most common joint diseases, are especially prevalent among adolescents and young adults, causing stiffness, pain or a limp. But they can be hard to diagnose using solely 2D medical imaging.Helping to treat these disorders, the Boston Children’s Hospital’s (BCH’s) Adolescent and Young Adult Hip Preservation Program is the U.S.’s first to deploy a fully automated AI tool across its clinic. Revolutionizing Hip
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RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

by Executive Digital Health Hires 01/30/2024 Leave a Comment

RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

What You Should Know: - RxBenefits, a leading pharmacy benefits optimizer (PBO), has announced the appointment of Mark Campbell, PharmD, as its first Chief Pharmacy Officer. - The newly created position underscores the company's commitment to using clinical expertise and technology to improve health outcomes and optimize costs for employers and employees. Campbell Bio/Background Campbell, a seasoned pharmacy leader with 27 years of experience, has been instrumental in the success of
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Molecular Glue Revolution: TenAces Biosciences Unveils AI-Powered Drug Discovery Platform

by Syed Hamza Sohail 01/30/2024 Leave a Comment

Molecular Glue Revolution: TenAces Biosciences Unveils AI-Powered Drug Discovery Platform

What You Should Know: AION Labs, the first-of-its-kind venture studio spearheading the adoption of AI technologies and computational science to solve therapeutic challenges, announced today the formation of TenAces Biosciences.TenAces is a startup developing a novel approach to discover new molecular glue therapies, leveraging machine learning to enhance development of treatments for a range of conditions. Revolutionizing Molecular Glue Discovery with AI-Driven Targeted Protein
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Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

by Jasmine Pennic 01/30/2024 Leave a Comment

Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

What You Should Know: - Ballad Health, a leading healthcare system in the Appalachian Highlands, is partnering with 410 Medical to bring a revolutionary device called LifeFlow to its patients. - The portable, rapid fluid delivery system promises quicker resuscitation times for patients in critical conditions like sepsis, shock, trauma, and cardiac arrest. Time is Critical in Life-Threatening Situations Traditional methods of fluid administration can take up to 10 times longer than
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It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

by Loral Patchen, Sr. Faculty Midwife Attending, MedStar Washington Hospital Center and Anish Sebastian, CEO of Babyscripts 01/30/2024 Leave a Comment

It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

Our mothers are dying. In 2021, the United States saw 32.9 maternal deaths per 100,000 live births. When stratified by race, those rates were two to three times higher for Black women. While the popular press has succeeded in sounding the alarm, resulting in more public and policy dialogue around the issue than in preceding decades, the issue persists. Maternal mortality rates have consistently worsened year over year, yet maternal deaths attributed to hospitalizations related to birth declined
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

by Fred Pennic 01/29/2024 Leave a Comment

State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

What You Should Know: The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights. - The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities. Funding Plummets, Deals Dry Up Global
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Sony Tech Powers Minnesota’s Telehealth Revolution for Medicaid Patients

by Jasmine Pennic 01/29/2024 Leave a Comment

Sony Tech Powers Minnesota's Telehealth Revolution for Medicaid Patients

What You Should Know: - HealtheMed, a revolutionary public health utility startup, is empowering underserved Medicaid recipients in Minnesota to live healthier, more independent lives through its innovative Clinic@Home platform. - The hybrid digital telehealth system brings healthcare directly into people's homes, overcoming barriers like transportation limitations, appointment scarcity, and anxiety. At the heart of this impactful program lies technology, and HealtheMed has found a
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53% of Psychologists Are Concerned About The Use of AI

by Fred Pennic 01/29/2024 Leave a Comment

53% of Psychologists Are Concerned About The Use of AI

What You Should Know: - As artificial intelligence (AI) creeps into every corner of life, psychology faces a critical juncture, according to a new study by PsychologyJobs.com reveals a complex and often conflicted landscape among psychologists regarding AI's potential and perils in their practice. - The study surveyed 100 psychologists across 12 different fields, and the findings paint a fascinating picture. While a quarter (25%) of psychologists surveyed are already using AI tools, and
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